Facing slowing global demand for diamond jewellery, international diamond companies are reshaping marketing campaigns to tap a growing pool of independent female spenders in China, the world's second largest economy.

Hong Kong retail sales fell for the 16th successive month in June, hurt by a continued drop in mainland tourists and weak local spending, with retailers now also facing challenges from a strong local currency.

Some of Hong Kong's biggest retailers have closed stores and frozen expansion plans in the past year in response to a drop in the number and spending power of their main customers, mainland Chinese tourists.

Chow Tai Fook Jewellery Group Ltd, the world's biggest jewellery retailer by market value, is among a number of gold shops being probed for price fixing, the official People's Daily newspaper reported.

Shares in Hong Kong's Chow Tai Fook Jewellery Group Ltd jumped as much as 15 percent on Wednesday after the world's largest jewellery retailer by market value reported strong revenue growth due to plummeting gold prices.

High street jewelry chains Chow Sang Sang and Luk Fook are best placed among retailers in China to weather what promises to be another turbulent year after an uncertain economy sapped consumer confidence and cut earni...

...a few times in a year."The expansion of campaigns in Hong Kong and China, also undertaken by smaller players like Chow Sang Sang and Luk Fook Holdings, marks a shift from the 2000s, when diamond companies globally ...

...narrower declines in same store sales for the April-June quarter, but Hong Kong and Macau remained weak.Smaller rival Chow Sang Sang expects H1 profit to fall 50-60 percent from a year ago due to weak demand. ($1 =...

...High street jewelry chains Chow Sang Sang and Luk Fook are best placed among retailers in China to weather what promises to be another turbulent year after an uncertain economy sapped consumer confidence and cut ea...

...in December. That compares with a 3 percent rise in the benchmark Hang Seng Index .HSI. Shares of domestic rivals Chow Sang Sang and Luk Fook have also dropped, down 43 percent and 11 percent.
One of China's bigge...

...lowered valuation expectation was still high compared with local rivals Luk Fook Holdings (International) Ltd and Chow Sang Sang Holdings International Ltd, which are valued at 15 times.
"I'd say all three are enj...

...a few times in a year."The expansion of campaigns in Hong Kong and China, also undertaken by smaller players like Chow Sang Sang and Luk Fook Holdings, marks a shift from the 2000s, when diamond companies globally ...

...High street jewelry chains Chow Sang Sang and Luk Fook are best placed among retailers in China to weather what promises to be another turbulent year after an uncertain economy sapped consumer confidence and cut ea...

...in December. That compares with a 3 percent rise in the benchmark Hang Seng Index .HSI. Shares of domestic rivals Chow Sang Sang and Luk Fook have also dropped, down 43 percent and 11 percent.
One of China's bigge...

...lowered valuation expectation was still high compared with local rivals Luk Fook Holdings (International) Ltd and Chow Sang Sang Holdings International Ltd, which are valued at 15 times.
"I'd say all three are enj...

...a few times in a year."The expansion of campaigns in Hong Kong and China, also undertaken by smaller players like Chow Sang Sang and Luk Fook Holdings, marks a shift from the 2000s, when diamond companies globally ...

...narrower declines in same store sales for the April-June quarter, but Hong Kong and Macau remained weak.Smaller rival Chow Sang Sang expects H1 profit to fall 50-60 percent from a year ago due to weak demand. ($1 =...

...advantage of weaker currencies and shopping in South Korea and Japan.Filings for four of the retailers - jeweler Chow Sang Sang Holdings along with casual wear brands Bossini International Holdings, Giordano Intern...

...High street jewelry chains Chow Sang Sang and Luk Fook are best placed among retailers in China to weather what promises to be another turbulent year after an uncertain economy sapped consumer confidence and cut ea...

...in December. That compares with a 3 percent rise in the benchmark Hang Seng Index .HSI. Shares of domestic rivals Chow Sang Sang and Luk Fook have also dropped, down 43 percent and 11 percent.
One of China's bigge...

...lowered valuation expectation was still high compared with local rivals Luk Fook Holdings (International) Ltd and Chow Sang Sang Holdings International Ltd, which are valued at 15 times.
"I'd say all three are enj...